A story to be told - railroads and hydrogen pipes. They are two very different technology developments over time, but they are likely to share a common story for future prosperity and growth. Understanding a story like this is relevant as a raise is going on right now with massive investments into a new essential part of the future energy infrastructure, namely the hydrogen economy. And Denmark is leaning in from a Nordic perspective. Based in Denmark I follow this raise closely both as part of the board of Dynelectro, an innovative company working with green hydrogen, but also as a Danish citizen listening in on national investments being announced on a frequent basis these days. - Most recent Yara Growth Ventures, an investment arm of Norwegian Yara International, last month announced its investment in Dynelectro as they see a Danish company like Dynelectro being key in enabling the hydrogen economy. - Earlier this month the Danish government agreed to finance a hydrogen pipeline network at an estaimted +2 bEUR cost, going from the Northern part of Jutland and down to the German border. A socalled "hydrogen backbone” enabling the power-to-x potential which has intensified the past few years (I have written a few posts about this earlier). - And with Danish renewable energy capacity exceeding far more than what Danish households and businesses can consume, hydrogren or other power-to-x products can be a new export adventure for Denmark and the businesses in the hydrogen economy (ref. the 6GW additional offshore wind just announced this week). Back to the story. In the 1800s the establishment of thousands of miles of railroad across USA ensured integration of the country and provided new economic opportunities, in particular close to the railroad itself. Towns were built, jobs were generated, and businesses arose. Hopefully we will see the same story unfold with the hydrogren pipeline network in Jutland serving international markets, directly being integrated with the German market and extending energy trading with all European countries. #GreenHydrogen #DeepTech #Energy #Europe Marianne Hyltoft Jakob Rybak-Andersen Agnethe Leonora Hjarnø Boysen Søren Jessen Nielsen Jacob Graves Beck #PSVDeepTech
Marianne Hyltoft
3mo
great shout out Anders Kjær: more risk capital is needed for realization of the Hydrogen-of-tomorrow and the green transition 🌱💰🚀
Björn Heinz
3mo
Well said Anders Kjær! Just as with railroads, hydrogen to a large degree is an infrastructure play. Hence, great to see the Danish efforts to investing in exactly that.
Christina Kjær
3mo
Hydrogen is for sure an interesting and relevant energy source. Excited to follow where it's going
CEO at Azami | Lecturer of Entrepreneurship and Management
3moGreat stuff Anders Kjær! Hydrogen is the future.